Month-End Portfolio snapshot 04/2023

 Not much activity this month, only 1 purchase $TAIT , also received 13$ from dividends. 

Trend of awaiting dividends is steady with slowly raising values, My main targets will be to use cash for selling option puts and collecting premium with stocks, I like to buy. If I get then stocks due to assignment, I will also try to write call options to get more cashflow out of it, so I hope, I can speed up this whole process little bit.

Month-End Portfolio snapshot 03/2023

Another month finished! And I am happy, I finally stepped into options world little bit. I am still at the beginning, but I wanted to start without big expectations, prepared to pay learning mistakes.
With sold cash secured put I did only two purchases into dividend portfolio.

dividend income for March: 30$

Options income in March: 115$

add/reduce in Portfolio

Portfolio value

Month-End Portfolio snapshot 02/2023

 

Slowly changing portfolio to aim more on quality dividend companies, still don't have template in place, so this makes it zig zag style little bit, but I am working on it.

I sold AEO, as profit reached 50% of initial investment, money transfered into MAIN and HBB. Then we had dividend cut for INTC, so I sold it too and bought VZ instead.

Even the market conditions are unstable, portfolio is doing fine, earnings season sent some stocks higher or lower, but I like their business, so I will keep them.

Goals for March? Definitely I want to work more on general template, how to pick new stocks and I hope, I will be able follow this procedure without hesitation.

I have some sources, which I will use for this. When done, I want to publish it here.

$INTC

 interesting link with insights, which I am not very familiar...have to dig more into this topic and look across my portfolio holdings, if I can adjust risk with these metrics, when chosing stocks to buy.

Dividend Pirate 🏴‍☠️🦜 (@DividendPirate) :
Why is $INTC a bad choice for long term dividend investing? A #thread 🧵

Its #dividend is at high risk of getting cut.

1) The current yield is 5.2%, but it is high for the wrong reasons: denominator effect (price went down so yield goes up). Historically, this yield was 2-3%.

https://twitter.com/DividendPirate/status/1623972538069000192?t=Q8-mAtbsnRDTmVvUbxCw-w&s=03

Month-End portfolio snapshot 01/2023

 Almost forgot, that we have February already and that I should do quick portfolio overview. I am less active around this portfolio, which gives me more room for another activities. But I can assure you, that this dividend baby makes me happy and proud! Yes, it is still small portfolio, doing baby steps.

Let's have a look on my holdings, I purchased during January $LNT and $TSN.

I also sold $AAPL with small loss. This loss wasn't main decision, but price of stock vs. dividend yield. I want to be more agressive, so I try to pick "cheap" stocks in term of PE value.

PADI - projected annual dividend income crossed above 200$ !!! So this is one monthly contribution per year and I hope, I will reinvested well to double PADI before end of this year.

I am waiting to collect more dividends, so I can buy more shares of $MAIN, or other fast money rotor :-) . I should receive some extra cash during March from other investing products , so I will see, how I will manage their usage, but some portion should go into this portfolio.

Goals 2022 / 2023

 As I finished list of goals for new year, it would be good to check also 2022 as a quick resume.

I set most goal with low expectations, just for beginning and to better understand, how it all works. I had some extra money, which I used to boost growth dividend income, but it looks still very funny. But I like it that way, so I am not very concern about market ups and downs, also I don't need to get dividends for paying bills, as I have couple more other income streams. 

So and here is outlook for 2023

Most of the goals are same, only with different target value, options income will be super bonus, but I still don't have enough stocks and also strategy in place. I like simple things and all this around dividend investing looks very easy to understand, so I played with numbers little bit and I will tell you also secret goal for year....2050 ! :-)  This year I should officially retire, if there will be no changes. And this goal would be 10000$ in dividends per year. It is perhaps very low amount for some people, but without debts, I think me and my wife could have very nice bonus every year from this money. I am donating into more funds, so I will have like now more "income" streams as old man. Now I want to show you this table, where you can see year after year my planned progress. Very slow and steady, but you can't see 10k$ at the bottom and the reason is, that I deleted future "Special contributions". If I would use 600$ per year, the goal 10k$ would be achieved. 

I already know, that I may use almost 1500$ this year as special contributions from other investments, that will be closed in couple months. But Let's wait and follow monthly 200$ investments for now.

Month-End portfolio snapshot 12/2022

 Hello!

This month was very slow from my point of view, I spent lot of time during market sessions, while trading my other accounts and I didn't resist to watch also my dividend portfolio ups and downs.

So 2022 is over and here is summary of my small, slow growth procedure.

I added in December 250$ with three small purchases. It was smallest amount since start of this project, but still above my monthly plan ( 200$ ) , so I am happy with it.

I collected during December 20,25$ in dividends! So this was very pleasant to see, overall I collected in 2022 around 30$. And what outlook do we have for next months? Let's see 

Numbers of next month dividends are looking promising, as I am planning to add monthly into account and reinvest dividends, I hope, this portfolio can offer in 12 months solid raise, compounding magic :-) .

Okay and what about portfolio performace, am I under water, or is it not so bad? Hmm not drastic on both sides, even with sideway action of market, I should be doing fine and if market decide to go more deep down, I will follow my monthly simple procedure and that's it. This is not affecting my living situation, I just plan to use this portfolio in next 15-20 years, when dividend income will cover my family month expenses, so we can start slowly use this stream income. Yes, that is my main goal, not quick-rich scheme here.

See you at the end of January! Or maybe earlier, as I want to review my goals for 2023